Sentiment for Iridium Communications Inc (NASDAQ:IRDM)

Iridium Communications Inc (NASDAQ:IRDM) institutional sentiment decreased to 1.13 in 2017 Q4. Its down -0.22, from 1.35 in 2017Q3. The ratio worsened, as 77 investment managers increased or opened new positions, while 68 sold and reduced holdings in Iridium Communications Inc. The investment managers in our partner’s database now own: 94.81 million shares, down from 97.06 million shares in 2017Q3. Also, the number of investment managers holding Iridium Communications Inc in their top 10 positions was flat from 1 to 1 for the same number . Sold All: 10 Reduced: 58 Increased: 51 New Position: 26.

Iridium Communications Inc. provides mobile voice and data communications services through satellite to businesses, the U.S. and foreign governments, non-governmental organizations, and clients worldwide. The company has market cap of $1.29 billion. It offers postpaid mobile voice and data satellite communications services; prepaid mobile voice satellite communications services; broadband data services; push-to-talk services; and machine-to-machine services for sending and receiving data from fixed and mobile assets in remote locations to a central monitoring station. It has a 7.07 P/E ratio. The firm also provides other services, such as inbound connections from the public switched telephone network, short message services, subscriber identity module, activation, customer reactivation, and other peripheral services.

The stock increased 0.43% or $0.05 during the last trading session, reaching $11.7. About 909,486 shares traded or 10.47% up from the average. Iridium Communications Inc. (NASDAQ:IRDM) has risen 26.40% since May 18, 2017 and is uptrending. It has outperformed by 14.85% the S&P500.

Van Berkom & Associates Inc. holds 1.96% of its portfolio in Iridium Communications Inc. for 5.10 million shares. Wealthtrust Axiom Llc owns 425,304 shares or 1.87% of their US portfolio. Moreover, Knott David M has 1.59% invested in the company for 338,000 shares. The New York-based Capital Management Associates Ny has invested 1.45% in the stock. Elk Creek Partners Llc, a Colorado-based fund reported 1.05 million shares.

More notable recent Iridium Communications Inc. (NASDAQ:IRDM) news were published by: Seekingalpha.com which released: “Iridium Communications’ (IRDM) CEO Matt Desch on Q1 2018 Results – Earnings Call Transcript” on April 26, 2018, also Benzinga.com with their article: “Benzinga’s Top Upgrades, Downgrades For May 9, 2018” published on May 09, 2018, Fool.com published: “Iridium Communications Rockets Into a New Era of Telecom” on May 10, 2018. More interesting news about Iridium Communications Inc. (NASDAQ:IRDM) were released by: Globenewswire.com and their article: “Detailed Research: Economic Perspectives on NewMarket, MSG Networks, Iridium Communications, ACI Worldwide …” published on May 02, 2018 as well as Nasdaq.com‘s news article titled: “Iridium Announces First-Quarter 2018 Results; Company Affirms 2018 and Long-Range Outlook” with publication date: April 26, 2018.